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In a new report (its fourth on electric car adoption) the Boston Consulting Group forecasts that a combination of hybrid and fullyelectric powertrains will cut the global market share of pure internal combustion engines (ICEs) by about 50% by 2030. The lowcost of gasoline in the US will yield similar results.
According to a report by CleanTechnica , sales of electrified vehicles in May hit 31 percent of the overall market with 25 percent being fullyelectric vehicles. Meanwhile, fully-electric car sales grew by 91 percent. What do you think of the article? Do you have any comments, questions, or concerns?
Another fullyelectric BYD vehicle is set to debut this week. Ahead of its official reveal, BYD is teasing the upcoming Ocean-M electric car, which will be based on its new EV platform. BYD is launching new luxury models, mid-size electric EVs, and don’t forget all-electric supercars.
After a slow start, Toyota is looking to shake things up with its next round of electric cars. Toyota’s second best-selling SUV in the US, the Toyota Highlander, is going fullyelectric. The Japanese automaker has been notoriously slow in transitioning to fullyelectric vehicles. of Toyota’s total sales.
Although BYD’s EV sales fell slightly in July, PHEVs continued building momentum after setting a new record for the fifth straight month. Although EV sales fell 10% from June (145,179), BYD still sold 130,000 fullyelectric vehicles last month. This is BYD’s fifth straight month of PHEV sales growth.
BYD achieves second highest sales record in May After hitting a new electric vehicle (EV) weekly sales record in early May, BYD is not slowing down. With 331,817 NEVs (EVs and PHEVs) sold last month, BYD is closing in on its all-time sales record. This is the third straight record PHEV sales month.
With 331,817 new energy vehicles (EVs and PHEVs) sold in May (+38% YOY), BYD posted its second-highest sales month ever. Of them, nearly 146,400 were fullyelectric. BYD has sold 580,974 all-electric vehicles so far this year, up 19% compared to the 488,600 sold a year ago. Powered by a 29.58
After new energy vehicles (EVs and PHEVs) crossed 48.2% About half of BYD’s sales are all-electric, while the other half are PHEVs. Now, the automaker has several fullyelectric models below or close to the 100,000 yuan mark. Last year, NEVs accounted for 35% of China’s auto sales.
Volvo reached its highest-ever share of electrified vehicles as its new fullyelectric EX30 boosted EV sales in February. Although overall sales slid 2% last month, Volvo’s fullyelectric vehicle sales were up 14%, reaching a new record share. Fullyelectric cars also set a new record.
BYD’s Blade batteries power Tesla, Ford, Kia, Hyundai, Toyota, and other popular electric vehicles from major automakers. The batteries are installed in most BYD models, such as the low-cost Seagull, Dolphin electric hatch, and Atto 3 SUV. The batteries are a major reason behind BYD’s success.
(Source: Denza) China’s leading automaker sold over 300,000 fullyelectric vehicles in the first three months of 2024, up 13% over last year. Meanwhile, PHEV sales reached 324,284 in Q1, up 14.5% for an overall Q1 sales total of 626,263.
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